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AVANTI FINANCE PRIVATE LIMITED
Sector Focus
MSME
Highest Credit Rating
BBB+ (Stable) by CRISIL RATINGS LIMITED
Nov 06, 2024
Yield
Request for Quote
Coupon
10.9000 % p.a
Rating
BBB+ (Stable)
ISIN
INE0BNQ07121
Maturity Date
27 Dec, 2026
Key Strengths
Strong Backing from Marquee Investors
In Q3 FY25, Avanti Finance raised $14.2 million in equity funding from Dia Vikas Capital and existing investors. Previously, the company has secured equity investments from prominent organizations, including the Bill and Melinda Gates Foundation, Rabo Partnerships, and Oiko Credit
Continued Support from Founders
Co-founded by the late Mr. Ratan Tata and Mr. Nandan Nilekani, Avanti Finance benefits from strong parentage and a shared vision of driving financial inclusion for 100 million households over the next 5–7 years. As of September 30, 2024, Mr. Ratan Tata and Mr. Nandan Nilekani (through the NRJN Trust) held 4.5% and 37.8% equity shares, respectively, on a fully diluted basis
Digitized Operations Driving Scalability
Avanti Finance’s assets under management (AUM) reached ₹1,575 crore as of September 30, 2024, compared to ₹1,388 crore as of March 31, 2024, and ₹629.3 crore as of March 31, 2023. This reflects an annualized growth of 27% in the first half of FY25. Notably, the co-lending portfolio constitutes approximately 42% of the total loan book as of September 30, 2024
Adequate Liquidity
Avanti maintains a robust liquidity profile, with cumulative positive gaps across all asset-liability maturity buckets as of September 30, 2024
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Note:
The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
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India Bond Private Limited
CIN: U67100MH2008PTC178990
SEBI Registration No.: INZ000311637
NSE Member ID - Debt Segment: 90316
BSE Member ID - Debt Segment: 6811
CIN: U67100MH2008PTC178990
SEBI Registration No.: INZ000311637
NSE Member ID - Debt Segment: 90316
BSE Member ID - Debt Segment: 6811
Registered Address: 605, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz - (East), Mumbai – 400 098.
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